When designating a beneficiary on your 401(k), you are legally allowed to use a trust, but is it a wise move? Because both 401(k)s and IRAs will automatically bypass the process on probate and even the lawyers involved, a trust could unnecessarily complicate the...

On October 23, 2014 the IRS announced cost of living adjustments that will affect the contribution limits for retirement plans in 2015. This new announcement reinforces the importance of saving and staying on track for retirement. In this day and age, the burden of...